Real Estate
Owner of Ex-Goldman Tower Defaults on $359 Million Mortgage
85 Broad Street in New York
Photographer: JB Reed/Bloomberg
The owner of 85 Broad St., a former Goldman Sachs Group Inc. headquarters in downtown Manhattan, is in default on the tower’s mortgage, according to people familiar with the matter.
The $359 million loan was transferred this week to special servicer CWCapital Asset Management to determine a workout plan, said the people, asking not to be named discussing private details.